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Rs 7 lakh to Rs 77 lakh, DDA’s housing scheme from Aug 6

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Express News Service

Posted: Aug 02, 2008 at 0134 hrs IST

New Delhi, August 01 Housing Scheme 08 — the Delhi Development Authority’s latest offering of affordable houses for citizens — will be launched on August 6, two years after a similar exercise in 2006.

Up for grabs are 5,010 one, two and three-bedroom flats, which will be allotted through a computerised draw of lots. All freehold properties, the flats are within the price range of Rs 7.2 lakh and Rs 77.8 lakh depending on size and location.

DDA spokesperson Neemo Dhar said: “Our aim is to provide affordable homes to all strata.”

In 2006, the DDA had put up 3,000 flats for sale for which it received over two lakh applications.

Authorities are certain of a good response this time too since the flats are priced at 30 to 40 per cent less than the corresponding market rates.

Realtor in Motia Khan Anil Sarkar said the DDA is offering a three-bedroom flat here for Rs 77.8 lakh when existing rates are up to Rs 1.2 crore.

However, a DDA official said all flats have a provisional freehold charge of Rs 11,000 to Rs 1.04 lakh.

A bulk of these flats are located in Dwarka, Narela and Rohini. There are a few in Pitampura, Paschim Vihar, Vasant Kunj, Zafrabad and Peeragarhi.

In all, there are 3,483 one-bedroom flats, 889 two-bedroom flats, 352 three-bed room flats and 286 that can be later expanded. The last — in Narela and Bindapur — are at present single-storeyed with provisions for two more to come over them.

Incidentally, Narela is offering the cheapest flats because the land price is lower here, an official from the development agency said.

Those interested have to fill in an application form and submit it with a draft of Rs 1.5 lakh as refundable deposit. The draw is expected to be held by December 2008 or January 2009.

The application forms, along with a brochure on the scheme, will be available between August 6 and September 16 at the Delhi Development Authority’s sales counter in Vikas Sadan and in almost all branches of the Axis Bank, HDFC, ICICI and IDBI. The form is available for Rs 100.

House that?
Total number of houses

5,010

Sale of application forms
August 6 to September 16

Most expensive house
3-bedroom flat in Motia Khan; priced at Rs 77.8 lakh

Most affordable house
1-bedroom flat in Narela; priced at Rs 7.2 lakh

Tentative date of draw
End of December 2008 or early January 2009

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I want a flat in dwarka by lakhan lal meena on 25 Nov 2008

i want a L.I.G. flat in dwarka delhi u have any

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